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President signs HIRE Act, including FACTA provisions combating offshore tax evasion

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • USA
  • -
  • March 18 2010

On March 18, 2010, President Obama signed the Hiring Incentives to Restore Employment Act (the "Act"), which hopes to create jobs with measures such as a "Social Security holiday" for employers that hire previously unemployed workers, an extension of highway and mass transit funding, and an expansion of the Build America Bonds program